City Developments Ltd., Singapore’s second-biggest property developer, said first-quarter profit was S$282.3 million. Revenue was S$773.7 million.
WHAT TO WATCH:
*Amtek Engineering Ltd. (AMTK SP) reported 3Q net income of $9.9m Vs $3.6m a year earlier. *City Developments Ltd. (CIT SP) reported 1Q profit of S$282.3m. *Consciencefood Holdings Ltd. (CSF SP) reported 1Q net income of 34.3b rupiah Vs 25.7b rupiah a year earlier. *Lee Kim Tah Holdings Ltd. (LKT SP) reported 1Q net income of S$26m Vs S$9.5m a year earlier. *Noble Group Ltd. (NOBL SP) said 1Q profit rose 80% to $203m. *SembCorp Industries Ltd. (SCI SP) reported 1Q net income of S$159.9m. *ST Engineering (STE SP) said 1Q profit rose 20% to S$111.1m. *Vicom Ltd. (VCM SP) reported 1Q profit before tax of S$7.2m. *Wheelock Properties (WP SP) reported 1Q profit of S$52.3m.
S&P 500 down 1.1% to 1,342.08 Stoxx Europe 600 up 0.3% to 283.73 MSCI Asia Pacific up 0.3% to 138.40 Straits Times Index up 0.7% to 3,177.18
6:30 a.m. Shang Hsiu Koo, Jiayuan.com CFO 7:10 a.m. Jessica Caldwell, Edmunds.com analyst 8:10 a.m. Susumu Kato, Credit Agricole and CLSA Chief Japan economist 8:50 a.m. John Saunders, MPGA CEO 9:10 a.m. Koji Endo, Advanced Research Japan Managing Director 9:40 a.m. Davide Cucino, EU Chamber of Commerce in China President 10:05 a.m. John Wadle, Mirae Asset Head of Asian Banks Research 10:30 a.m. Dick Wei, JP Morgan China Internet Analyst 10:40 a.m. Eric Fishwick, CLSA Head of Economic Research
To contact the reporter responsible for this story: Alan Soughley at firstname.lastname@example.org
To contact the editor responsible for this story: Alan Soughley at email@example.com